facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

1 World Trade Center, New Y...

DAZN Group Leases Office Space At 1 World Trade Center, New York
LEASEDOffice

DAZN Group Leases Office Space At 1 World Trade Center, New York

1 World Trade Center, New York, NY, 1...

Building Size

50,688 SF

Asset Type

Office

Closing

Oct 25, 2018

AI

The property asset involved in this transaction is an office space located at 1 World Trade Center, New York, NY, with a total square footage of 50,688. The market for this property is New York. The landlord of the property is the Durst Organization.

Summary of transaction details:

The deal features participation from multiple brokers, including Greg Johnson representing Daum Commercial Real Estate Services, Patrick Johnson representing Berkadia, and Nate Brzozowski. These individuals played a role in facilitating the lease transaction between the tenant, DAZN Group, and the landlord, Durst Organization.

Players

Greg Johnson

Daum Commercial Real Estate Services

Broker

$3.2M

vol

2 deals

Broker
Durst Organization
Durst OrganizationBrokerage
Durst Organization
Durst OrganizationLandlord

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93